The ringgit depreciated against the US dollar on Wednesday, according to an economist, due to ongoing apprehension surrounding the situation in the Middle East. Market sentiment remained cautious as developments in the Middle East continue to unfold, influencing currency valuations. The currency’s performance reflects broader investor uncertainty related to geopolitical risks in the region. This decline occurred despite relatively stable domestic economic indicators in Kuala Lumpur. Analysts suggest that the escalating tensions are driving demand for the US dollar, traditionally seen as a safe-haven asset during times of global instability. The situation will continue to be monitored for its potential impact on the ringgit's future performance.